This file describes the data in the file data_economics_ejournal_2009_8.csv). The  file contains the weekly data (table 1, p. 8 in section 2, and section 3) used in the paper "Forecast Evaluation of Explanatory Models of Financial Variability", by Genaro Sucarrat, published as article no. 8 in Economics E-Journal, Vol. 3 (2009), available via http://www.economics-ejournal.org/economics/journalarticles/2009-8.

Genaro Sucarrat, Madrid 4 May 2009.

YEAR, MONTH, DAY: Date.

EWNOR19101: End-of-week (close) Norwegian krone per Euro. The series is based on the daily series ew:nor19101 (close) from EcoWin/Reuters. The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday.

DXFORW: A measure of Worldwide Norwegian order flow (forward transactions) per week in billions of Norwegian kroner. The magnitude is contructed using data from the tables published weekly on the web-pages of Norges Bank: http://www.norges-bank.no/

IRNO1W: Weekly Norwegian interbank money market yield (NIBOR, 1 week) in percentage points. The series is based on the daily series ew:nor14307 from EcoWin/Reuters. The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday. NOTE: In the estimation of the ECM specification of the ECON model (p. 21), IRNO1W has been divided by 100. 

IREMU1W: Weekly EMU interbank interest rate (1 week). The series is based on the daily series ew:emu14813 from EcoWin/Reuters. The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday. NOTE: In the estimation of the ECM specification of the ECON model (p. 21), IREMU1W has been divided by 100.

RV: Realised Volatility. The weekly RV series is made up of 30-minute squared
log-returns using end-of-interval mid-point quotes from Olsen Financial Technologies (OFT). No portions (e.g. weekends) have been excluded from the calculation.

ewusa19101: End-of-week (close) US Dollars per Euro. The series is based on the daily series ew:usa19101 (close) from EcoWin/Reuters. The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday.

ewgbr19101: End-of-week (close) British Pounds per Euro. The series is based on the daily series ew:gbr19101 (close) from EcoWin/Reuters. The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday.

ewjpn19101: End-of-week (close) Japanese Yen per Euro. The series is based on the daily series ew:usa19101 (close) from EcoWin/Reuters.The weekly series is made up of the Friday observations, or alternatively the last available observation prior to Friday.